Legal Opinion

In re the Judicial Settlement of the Account of Wolfe

New York Surrogate's Court

Decided January 15, 1912Published

This is a proceeding for the settlement of the accounts of a guardian. The ward having died, the guardian filed his petition for the judicial settlement of his accounts.

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This is a proceeding for the settlement of the accounts of a guardian. The ward having died, the guardian filed his petition for the judicial settlement of his accounts. An administrator of the deceased ward having been appointed, said administrator appeared and filed objections to various items of the account, all of which were abandoned upon the trial, with the exception of a claim for moneys received by way of insurance upon the life of the ward, the facts concerning which are set forth in the opinion.

1Opinion of the Court

Ostrander, S.

The only controversy upon this accounting arises over the disposition of certain moneys, amounting to $230.88, paid by the Prudential Insurance Company of America, pursuant to a policy issued by it upon the life of Charles P. Wolfe, the ward, now deceased.

Prior to the appointment of Frederick J. Wolfe as guardian of the deceased ward, the Prudential Insurance Company of America issued a policy upon his life. The policy was not in terms payable to any specific person. In said policy it was provided that said company “ Hereby insures the-life of the person herein designated as the…

2Cases cited2 opinions

  1. Muir v. WilsonNew York Court of Chancery · 1825
  2. Rait v. RaitNew York Surrogate's Court · 1850

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